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19 March 2024 | 12 replies
To find investment possibilities, consider elements including property pricing, demand for rentals, vacancy rates, and economic trends.Think About Financing choices: Investigate your choices for financing a possible real estate purchase, such as FHA loans, conventional mortgages, home equity lines of credit, or other innovative financing techniques.
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20 March 2024 | 4 replies
Even then make sure you do a background check, credit score, and put them on a legit lease.
19 March 2024 | 5 replies
Cost of construction is high and you may be paying extra to match 2024 building codes rather than a remodel/addition.
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19 March 2024 | 4 replies
Wanted to see what my best options are in this situation:I want to borrow 200-250K as a NRA(non resident alien) with no credit history, to invest in a syndication deal.I have a rental property that’s owned free and clear worth around 750-800K so in case of a cash out refi my LTV would remain low.It would be a short term loan: 2.5 to 3 years at most before I pay it back.
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19 March 2024 | 52 replies
I don’t know where you’re doing business and I’m not an attorney so in addition to actually going to the HUD office you should seek legal counsel.
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20 March 2024 | 10 replies
There will be a credit and asset review, but the rest of the file review will be focused on the property.
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18 March 2024 | 8 replies
A few additional things to consider between the two loan types: prepayment penalties, probability of closing, points/ fees.... and vesting (LLC or personal).
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20 March 2024 | 12 replies
I'll add it likely will make very little difference to the overall appraisal price given it's a 10-unit.
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18 March 2024 | 4 replies
If the Tenant’s visitors stay outside of the 14 days; Tenant will be charged an additional $50 every 14 days that the Tenant’s guests are staying in the unit.Is this legal for me to do this?
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19 March 2024 | 2 replies
What did the additional cash invested go towards?